Papua New Guinea Real Interest Rate
Real interest rate FR.INR.RINR
Papua New Guinea's real interest rate was 3.18% in 2025, ranked 47th globally. This represents a 76.0% decrease from 2024. Data from World Bank, covering 1983–2025.
Overview
Papua New Guinea's real interest rate stood at 3.18% in 2025, a decline of +10.08pp from 2023. Based on recent trends, this figure is projected to reach 3.18% by 2025. Papua New Guinea ranked 47th globally.
Papua New Guinea's real interest rate has exhibited significant fluctuations over the past 42 years, with the all-time peak of 17.61% occurring in 1989 and the trough of -31.12% in 2006. During this period, the country's interest rate has generally trended downward, with the latest reading of 3.18% in 2025 ranking 47th globally. This decline is in contrast to Ukraine, which has also seen a decrease in its real interest rate, though it remains slightly higher at 3.20%. The real interest rate in Papua New Guinea has experienced considerable volatility, with a sharp increase from the 1983 trough of -5.96% to its peak in 1989. A continuation of the country's economic growth and stable inflation environment would likely support a sustained increase in the real interest rate, potentially leading to a shift towards a more neutral monetary policy stance.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 3.12% | - | - |
| 2025* trend | 3.18% | - | - |
| 2025 | 3.18% | −10.08pp | #47 |
| 2023 | 13.26% | +19.38pp | #80 |
| 2022 | -6.12% | −2.58pp | #17 |
| 2021 | -3.54% | −9.51pp | #22 |
| 2020 | 5.97% | −1.54pp | #53 |
| 2019 | 7.51% | +8.17pp | #72 |
| 2018 | -0.66% | −1.30pp | #14 |
| 2017 | 0.64% | −5.07pp | #25 |
| 2016 | 5.71% | −4.37pp | #61 |
| 2015 | 10.09% | +6.35pp | #93 |
| 2014 | 3.74% | −2.58pp | #37 |
| 2013 | 6.32% | −5.14pp | #73 |
| 2012 | 11.46% | +9.64pp | #118 |
| 2011 | 1.81% | +1.33pp | #53 |
| 2010 | 0.48% | −15.26pp | #33 |
Detected Pattern
Analysis
Papua New Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Papua New Guinea's real interest rate was 3.18% in 2025. Ranked 47th globally. This represents a 76.0% decrease from the previous year.
Papua New Guinea's real interest rate peaked at 17.61% in 1989.
The lowest real interest rate in Papua New Guinea was -31.12% in 2006.
Papua New Guinea ranks 47th globally in real interest rate as of 2025.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
Papua New Guinea's real interest rate is projected to reach 3.18% by 2025 based on trend extrapolation.
The real interest rate of Papua New Guinea in 2025 was 3.18%. This ranks 47th in the world.
Cite this page
@misc{historysaid_papua-new-guinea_real-interest-rate,
title = {Papua New Guinea Real Interest Rate},
url = {https://historysaid.com/papua-new-guinea/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}